The amount of time it’s taking for chip-starved companies to get orders filled has stretched to more than 20 weeks, indicating the shortages that have held back automakers and computer manufacturers are getting worse.
Chip lead times, the gap between ordering a semiconductor and taking delivery, increased by more than eight days to 20.2 weeks in July from the previous month, according to research by Susquehanna Financial Group. That gap was already the longest wait time since the firm began tracking the data in 2017.
Read more: No, Team Biden, Carmakers Chip Crisis Isn’t Getting Better
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August 10, 2021 at 11:09PM
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Chip Delivery Time Surpasses 20 Weeks in No Sign Shortage Easing - Bloomberg
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